Gift and NoveltyVerified Seller
Iconic NY Gift Boutique - $3.5M - 35-Year Legacy, $900K Cash Flow
New York, New York
Asking Price$3,500,000
Annual Revenue$4,653,012
EBITDA / Cash Flow$1,490,064Implied Multiple: 2.3x EBITDA
Executive Overview
Seize an exceptional opportunity to acquire a well-established gift business with a $3,500,000 asking price, featuring a proven track record since 1985 and impressive annual cash flow of $900,000. This turnkey operation offers a unique portfolio of novelty products with strong market positioning and growth potential.
Key Investment Highlights
- •Established in 1985 with original founders
- •Operates from a spacious 20,000-square-foot warehouse in New York
- •Diverse product line sourced from international markets
- •Strong online presence and robust email marketing
- •Over 3,000 active clients across multiple retail channels
This gift business specializes in a dynamic range of novelty products including embossed leather journals, incense burners, unique ashtrays, tote bags, and crystal gift sets. The carefully curated inventory reflects a commitment to creativity and market trends, ensuring continuous customer interest and repeat business.
With an established distribution network serving gift shops, smoke shops, and metaphysical stores, the business offers significant expansion opportunities. The modern e-commerce platform, combined with strategic trade show participation and potential for new product development, positions this enterprise for continued growth and profitability.